What is Car Insurance?
Car insurance covers damage to your vehicle and protects you financially if you’re liable for someone else’s injuries or damages.
Top Car Insurance Companies In South Africa
Below are some of the Top Car Insurance Companies.
1. Discovery Car Insurance
The Discovery car insurance comes in three policies. These are Essential Policy, Classic Policy, and Purple Policy. This car insurance is one of the most desired in South Africa. Below is a breakdown of the coverage each policy offers.
2. Outsurance Car Insurance
Outsurance offers two Car Insurance policies, these are, comprehensive car insurance and Essential car insurance. This company is second on our list of top car insurers in South Africa.
3. MiWay Car Insurance
MiWay offers four car Insurance policies, these are, Comprehensive car insurance, Third-Party, Fire and Theft, Third Party Only Car Insurance, and Total Loss Car Insurance. This company is third on our list of top car insurers in South Africa.
4. Dotsure Car Insurance
Dotsure is fourth on our list of top car insurers in South Africa.
5. Iwyze Car Insurance
Iwyze is fifth on our list of top car insurers in South Africa. This firm is underwritten by Old Mutual Insurance Limited.
6. Santam Car Insurance
The Santam car insurance comes in three policies. These are Comprehensive, Third Party and Limited car insurance. This car insurance is one of the best in South Africa. Below is a breakdown of the coverage each policy offers.
7. Absa Car Insurance
The Absa car insurance is one of the best in South Africa. Below is a breakdown of the coverage each policy offers.
Who is the best insurer in South Africa?
The best long- and short-term insurance companies in South Africa include Oneplan, Momentum Life Insurance, Absa Insurance Company, Discovery Insure, and Auto & General. These providers will protect you against unfortunate and expensive events that could derail your financial health.
How many car insurance companies are there in South Africa?
There are profiles of 55 companies including well-known insurers such as Santam, Old Mutual, Hollard, OUTsurance, and MiWay, reinsurers such as Hannover Reinsurance and Munich Reinsurance, and state-owned companies including Escap (which ensures Eskom), Sasria (which insured against the July 2021 unrest) and the Road.